Debt Servicing Consumes Over 50% Of Nigeria’s Revenue, Says AfDB Debt servicing gulps more than 50 per cent of Nigeria’s revenue, the African Development Bank has said. The bank, which said this in its West Africa Economic Outlook 2019, said the servicing of the country’s external...

CBN: FG’s Preference For Borrowing Slashed Savings Bonds By 50% The Federal Government of Nigeria’s savings bonds reduced by 50.18 per cent at the end of the 2018 financial year. According to a report by the Central Bank of Nigeria on its 2018 activities, “a total...

14 Companies Responsible For 50% Capital Market Infractions – Report Fourteen insurance companies were responsible for 50.4 per cent of the total penalties meted out by the Nigerian Stock Exchange, amounting to N339.5 million for offenses that included default in timely release of operational reports...